SVB failed today. Before it did, people were predicting that the Fed would step in, it’s too big to fail, etc. The harsh truth is, while bank failures have become much rarer in the modern era, they still happen and FDIC putting SVB into receivership and looking for a sale is completely routine.
This month, two of our portfolio companies shared some great news: Rhaeos raises $11M Series A for fluid-monitoring patch On February 16th, the company announced it raised an $11 million Series A. “The Steele Foundation for Hope led the raise, tipping Rhaeos’ total funding over $18 million. Creative Ventures and Lateral Capital joined. With theContinue reading “February 2023 portfolio round-up”
As January comes to a close, we’re excited to share three announcements from our portfolio companies: Exo recognized for Exo Works™ In March 2022, the company launched Exo Works™, a point-of-care ultrasound workflow solution enabling providers to spend less time on documentation and more time with patients. “Physicians have historically been bogged down by tediousContinue reading “January 2023 portfolio round-up”
Co-founder and General Partner, Champ Suthipongchai has spent some time sharing his insights into construction automation.
Most recently, Champ’s insights have been featured on TechCrunch—a welcomed validation we are eager to share with you.